Market Overview
Home Prices in Bemidji, MN
The median home value in Bemidji, MN is $222,500 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.8% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bemidji are priced46% below average. Bemidji is part of the Bemidji, MN metro area.
Over the past five years, Bemidji home values have risen by approximately35.6%, reflecting strong long-term appreciation in this market.
Price History
Bemidji Home Price Trend
City Comparison
Bemidji vs. National Median
At $222,500, homes in Bemidji cost 46% below the national median of $410,000. This makes Bemidji a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bemidji?
20% Down Payment
$44,500
on $222,500
Monthly P&I
$1,160/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,473/mo
incl. taxes & insurance
Income Needed
$58,920
gross annual (30% rule)
10% Down Option
$22,250
+ PMI applies
Loan Amount (20% dn)
$178,000
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bemidji, MN?
The median home value in Bemidji is $222,500 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.8% year-over-year.
How much have home prices changed in Bemidji?
Over the past year, home values in Bemidji have increased by 4.8%. Over five years, prices have risen approximately 35.6%.
How much do I need to earn to buy a home in Bemidji?
To comfortably afford the median home price of $222,500 with a 20% down payment ($44,500) at today's rates (6.8%), you'd need a gross annual income of approximately $58,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Bemidji compare to the national average home price?
The national median home value is approximately $410,000. At $222,500, homes in Bemidji are 46% below the national average.
What metro area is Bemidji part of?
Bemidji is part of the Bemidji, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.